Koshayojan Services DMCC
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Disclosures and Compliance
Corporate Disclosure
VASP NAME: Koshayojan Services DMCC Company Number: DMCC-877201 Registered Address: Unit No: 2307, DMCC Business Centre, Level No. 1, Jewellery & Gemplex 3, Dubai, United Arab Emirates Koshayojan Services DMCC (STOEX) is in the process of applying for licenses before Dubai's Virtual Assets Regulatory Authority (VARA) for Broker Dealer Services and Exchange Services respectively. The Company shall be conducting the following activities under the aforementioned Broker-Dealer Services license: a) Arranging orders for the purchase and/or sale of Virtual Assets between two Entities; b) Soliciting or accepting orders for Virtual Assets and accepting fiat currency, or other Virtual Assets, for such orders; c) Facilitating the matching of transactions in Virtual Assets between buyers and sellers; d) Making a market in Virtual Assets using client assets; or e) Providing placement, distribution or other issuance related services to clients issuing Virtual Assets The responsible officers for STOEX are: Mr. Sudeep Chatterjee (CEO) Mr. Mohit Bajaj (CFO)
Broker-Dealer Disclosure 1: Conflicts of Interest
Conflicts of interest can arise in various business and personal contexts. Proactively managing these conflicts is essential to mitigate legal and regulatory risks while upholding our integrity, brand, and reputation. Conflicts of interest can be managed effectively by: • Understanding what constitutes a conflict of interest; if you have questions, please consult with your manager or the People and Compliance team. • Acting with integrity in all business activities. • Considering potential conflicts of interest in all aspects of your work. • Avoiding any activities, situations, or relationships that could compromise, or appear to compromise, your professional judgment. • Seeking approval before engaging in any outside business, financial, or personal relationships that may pose a risk of conflict. To help identify actual, perceived, or potential conflicts of interest, consider the following questions: • Could I gain personal benefits, now or in the future, that might influence my objectivity? • Do I hold any personal or professional views that could lead others to reasonably question my impartiality on a specific matter? • Have I received a gift, benefit, or hospitality from someone who could be affected by my decisions? • Is there a significant personal, professional, or financial relationship involved? • Would I, or someone close to me, gain or suffer as a result of my decision or action? • Could the company's reputation be positively or negatively impacted by my decision or action? Proactively considering these questions helps ensure transparency and ethical decision-making across all aspects of our business.
Broker-Dealer Disclosure 2: Custodial and Clearing Services
Koshayojan DMCC does not hold or maintain funds or Virtual Assets, nor does it provide clearing services for other Virtual Asset Service Providers (VASPs) offering Broker-Dealer services. Koshayojan Services DMCC's services are focused solely on providing Real World Assets (RWA) fractional ownership access to its customers and do not include custodial or clearing functions for other VASPs.
Broker-Dealer Disclosure 3: Client Asset Protection
Koshayojan Services DMCC has implemented robust arrangements to ensure the protection and integrity of clients' ownership of assets held on the platform. All client assets are securely held in segregated accounts, separate from Koshayojan Services DMCC's proprietary holdings, to prevent any commingling. Additionally, Koshayojan Services DMCC follows enhanced security measures and regular audits to uphold clients' ownership rights and ensure full compliance with regulatory standards. Clients can access and verify their asset holdings at any time on the STOEX platform, reinforcing our commitment to transparency and asset protection.
Broker-Dealer Disclosure 4: Client Referrals and Benefits
Koshayojan Services DMCC may refer or introduce clients to select entities, including other Virtual Asset Service Providers (VASPs), when specific client needs align with services provided by these entities. Such referrals are made transparently, with clients fully informed of the nature and purpose of the introduction. Koshyaojan Services DMCC may receive monetary or non-monetary benefits as part of these arrangements, including reciprocation for business referrals, which are disclosed to clients in alignment with regulatory requirements.
Legal Risk Disclosures
Koshayojan Services DMCC provides details of any past convictions or prosecutions involving members of its Senior Management or Board of Directors. This disclosure includes information on legal proceedings before the courts of the UAE or any other jurisdiction. By publishing this information, the Company ensures stakeholders are informed about the backgrounds of its leadership, reinforcing its commitment to ethical governance and accountability. "As at 10.01.2026, and to the extent permissible under applicable law, Koshayojan Services DMCC confirms that none of its Board members or Senior Management has been convicted of, or is currently subject to, any criminal prosecution in the United Arab Emirates or any other jurisdiction. This statement is published for the purposes of the Broker-Dealer Services and Exchange Services public disclosure requirement and will be updated if the position changes."